interval fund

The Pioneer ILS Interval Fund, a U.S. mutual fund insurance-linked securities and reinsurance linked investment strategy operated by asset management giant Pioneer Investments, has seen its assets under management jump to $305 million by April 1st, a 25% increase in a three month period.

In its first two years of operation, the City National Rochdale Select Strategies Fund which has been launched as a U.S. 1940’s Act mutual insurance and reinsurance linked securities fund by a subsidiary of the Royal Bank of Canada, will target raising ILS assets under management of $500 million in its first two years of […]

U.S. mutual fund manager Pioneer Investments has seen a significant increase in assets under management of its Pioneer ILS Interval Fund insurance-linked securities and reinsurance linked investment strategy, with the fund’s AuM jumping 52% to $245 million by the end of January 2017.

City National Rochdale, LLC’s insurance-linked securities (ILS) and reinsurance linked investment mutual fund is set for launch by the investment advisor. The City National Rochdale Select Strategies Fund expects to invest a significant proportion of its assets in Cartesian’s Iris Re vehicle.

The Pioneer ILS Interval Fund, U.S. mutual fund manager Pioneer Investments insurance-linked securities and reinsurance linked investment fund, continued to grow in the last quarter reaching $161.7 million in size, while returning an impressive 11.23% in its last reported year despite catastrophe event impacts.

Amundi, the largest European asset manager in terms of AuM, has acquired Pioneer Investments, a global asset manager with a strong focus on insurance-linked securities (ILS) and over $1.65 billion invested in insurance and reinsurance linked assets.

A mutual fund investment management unit subsidiary of the Royal Bank of Canada has launched a prospectus for the City National Rochdale Reinsurance Premium Fund, a new ILS and reinsurance interval investment fund.

In the last reported quarter U.S. mutual fund manager Pioneer Investments has grown its interval style insurance-linked securities and reinsurance linked investment fund, the Pioneer ILS Interval Fund, by another 28% to reach almost $142m of ILS assets under management.

Pioneer Investments is launching a new insurance-linked securities (ILS) fund strategy, named the Pioneer ILS Bridge Fund, which is designed to enable investors to maintain or grow their allocations to reinsurance as an asset class, particularly after a market-dislocating catastrophe event.

The Pioneer ILS Interval Fund, U.S. mutual fund manager Pioneer Investments interval style insurance-linked securities and reinsurance linked investment fund, has seen its assets increase by 16% to reach $111 million and has returned 6% in the last half-year.